Monarch Homes is a leading innovator in the space for new home builds in Northern Virginia & surrounding suburban towns of the nation’s capital — Washington D.C. With much success in the marketplace, founders and managing partners of Monarch have identified the growing need for modern homes particularly in surrounding towns of one of the largest MSAs being Washington. As the shift continues, Monarch has aligned with local residents within the area to begin building some amazing modern homes in what is mostly a dated historic area.
Washington is known for its artifacts, as it is the birth center of the nation spanning hundreds of years. The city of Washington DC has always benefited from goods and services related to tourism, & a strong labor market tied to the governance of America. With this, consumers of the top of the socioeconomic class have begun to crave a fresh modern home not far from their urban setting. Monarch Homes has identified this growing need & is already off to a head start offering solutions for consumers in the area. To learn more about Monarch Homes, we sat down with the firm to get a better insight on the opportunities that lie ahead for the company and its exclusive clients.
DC’s Power Shift & The Demand For Modern
The demand for modern homes is dependent on the MSA, particularly when referring to the United States. In cities like Los Angeles & Miami — modern homes flood the market, whereas areas such as New York City & Washington DC see less modernization which has much to do with their rich history. As the working class in Washington DC has moved into a stronger Millennial & Gen-Z market, so has the demand for a fresh makeover on home inventory.
The only issue particularly in the Northern Virginia area, is the lack of product availability. Monarch Homes offers a solution for those searching fortunately, with a careful understanding of the wants and needs of consumers — Monarch is currently developing and identifying new opportunities for unique high end modern homes within the area. For more insight regarding potential inquiries & availability, Monarch is offering free consultations — Click here for more information.
Macro Outlook & Current Market Cycle
As home builders, Monarch Homes specializes in aligning with real estate developers and consumers searching to build their dream home. With tough current market conditions, Monarch has been able to keep costs & timeframes in place for key budgets and overall capital allocation execution for its clients. Even with current quantitative tightening which has squandered the real estate market, Monarch believes that top MSA’s such as DC where demand and product availability is limited — home values will maintain their current values. For those in the DC area interested in looking into modernizing their lifestyle with a custom home, look to Monarch Homes as a potential solution.
